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Thursday, 03/21/2024 10:47:46 AM

Thursday, March 21, 2024 10:47:46 AM

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"independent of the scale-up of our biomass conversion technology "
from Q4 CC;
...we now have a path to profitability entirely independent of the scale-up of our biomass conversion technology and related manufacturing plant construction. These initiatives are led by our all-PET caps and closures business, a highly differentiated solution for the over $65 billion caps and closures market.
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If profitable numbers are possible as soon as '25 there must be someone running trials now and are ready for licensing? Independent of scale-up is a huge statement. The partners looking to get into PET caps will be using in house materials.

Gets better;
Other near-term revenue-generating technologies are in development. Like our all-PET caps and closures, these new applications enabled by Origin technologies are NOT DEPENDENT ON ORIGIN 1 OR ORIGIN 2 FOR PRODUCTION AND sale but capable of using materials produced from these plants. These applications leverage Origin’s chemical expertise, depth of application knowledge, and intellectual property, with further details to be provided as development progresses
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